German Court to Rule in Row Over Funding for Cruise Shipbuilder MV Werften

A general view of the shipbuilding hall at the Wismar location of the MV-Werften shipyards in Wismar, Germany, on Jan. 11, 2022. Annegret Hilse/Reuters

BERLIN—A German court will rule next week in a case brought by Genting Group against a German regional government after a row over funding for cruise shipbuilder MV Werften, which filed for insolvency on Monday.

Genting, led by Malaysian tycoon Tan Sri Lim Kok Thay, bought MV Werften in 2016. The pandemic has hit the global travel industry, including cruise operators, and led to production stops at shipyards that build cruise ships.